Dow ends 550 points higher as rotation into cyclical stocks picks up pace
Stocks ended sharply higher Wednesday, with the Dow Jones Industrial Average closing back above the 25,000 level and the S&P 500 ending above 3,000 as the industrial and financial sectors led the way. The move continued a rotation that has seen investors move into stocks that are more closely tied to the economic cycle, leaving shares of tech companies, which were seen holding up best during the COVID-19 lockdowns, lagged behind. The Dow Jones rose around 553 points, or 2.2%, to end near 25,548... Читать дальше...